Two brokers clash on trust, cost, and platform options. The matchup highlights regulation breadth, pricing models, and trader tools.
Find out which broker best suits your trader profile.
Choose if…
Choose Errante if you want MT4/MT5 access and raw 0.0 pip spreads with a $50 minimum deposit.
Choose if…
Choose Plus500 if you prefer a zero-commission, proprietary platform with broad regulator coverage and an easy mobile experience.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 3.8/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.2 / 5▲ |
Pros
CySEC (440/23) regulation with ICF compensation up to EUR 20,000
$50 minimum deposit on standard account
Pro ECN account: 0.0 pip raw spreads at $3/lot commission
MT4 and MT5 available
Regulated by top-tier authorities (FCA, ASIC, CySEC)
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Errante | Plus500 |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
The scores are close: Errante rates 3.8/5 and Plus500 rates 4/5. Plus500 has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Errante starts from 0 pips, tighter than Plus500's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Errante has $50, while Plus500 requires at least $100. This makes Errante more accessible for traders with limited starting capital.
Both Errante and Plus500 hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Errante requires a lower minimum deposit ($50), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Errante lists maximum leverage of 30:1, while Plus500 lists up to 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Errante charges $3 per lot on commission-based accounts. Commission details for Plus500 are not currently available. Check their website for up-to-date pricing.
Errante supports MetaTrader 4, MetaTrader 5, while Plus500 supports Proprietary Web/Mobile. Errante has exclusive access to MetaTrader 4 and MetaTrader 5. Plus500 has exclusive access to Proprietary Web/Mobile.
Errante offers tighter spreads from 0.00 pips vs 0.60 pips for Plus500, reducing trading costs.
Plus500 wins safety & regulation with FCA, ASIC, CySEC, MAS, CMA oversight.
Errante wins for active traders with MT4/MT5 and raw spreads on Pro.
Errante is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
Plus500 leads instrument variety with around 2000 instruments.
Fees & Spreads 30% weight | 4.2 / 5▲ | 4.0 / 5 |
|---|
Platforms & Tools 20% weight | 3.7 / 5 | 3.7 / 5 |
|---|
Customer Support 10% weight | 3.9 / 5 | 3.9 / 5 |
|---|
| Founded | 2017 | 2008 |
|---|
| Headquarters | Limassol, Cyprus | Haifa, Israel |
|---|
| Min Deposit | $50▼ lower | $100 |
|---|
| Spreads From | 0 pips▼ lower | 0.6 pips |
|---|
| Commission / lot | $3/lot | N/A |
|---|
| 0.3 pips | N/A |
| Max Leverage | 30:1 | 30:1 |
|---|
| Inactivity Fee | None | $10/month (after 3 months) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardPayPalSkrillApple Pay |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardPayPalSkrill |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | CySEC FSA Seychelles | ASIC CySEC CMA FCA MAS |
|---|
| Platforms | MetaTrader 4 MetaTrader 5 | Proprietary Web/Mobile |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
LSE-listed providing strong institutional credibility
Zero commission on all trades
Intuitive proprietary platform with a clean mobile app
Negative balance protection across all accounts
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Investor compensation scheme coverage
No deposit fees
Transparent pricing with clear cost disclosure
24/5 live chat support
Multilingual customer support
Cons
Small broker with limited balance sheet transparency
No cTrader, no TradingView integration
Research and educational content minimal
Non-EU clients on FSA Seychelles lighter framework
No proprietary platform
Limited charting capabilities
Cons
No MT4 or MT5 support
Limited research tools and market analysis
US residents not accepted
No copy trading
No raw spread account option
Inactivity fee applies
No MetaTrader support
Limited charting capabilities
No phone support
Plus500 edges Errante in overall editorial score, driven by broader regulation and zero-commission trades, while Errante counters with MT4/MT5 access and raw spreads on the Pro tier.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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